Dublin, Oct. 17, 2024 (GLOBE NEWSWIRE) -- The "U.S. Skilled Nursing Facility Devices Market Size, Share and Trends Analysis Report by Type (Lifts, Hygiene Products, Therapeutic Mattress Surfaces, Medical Bed Frames) 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The U.S. skilled nursing facility devices market is expected to reach USD 1.91 billion by 2030, registering a CAGR of 6.8% from 2024 to 2030.
The growing senior demographic necessitates enhanced medical devices to meet complex care needs, while innovations such as smart beds and remote monitoring systems are improving patient management and outcomes. For instance, the Hillrom ReadyConnect System offers a dependable wireless link between the Centrella Smart+ Bed and Nurse Call, ensuring ease of use, reducing floor clutter, and enabling quicker data transmission. 
The rising aging population and the need for long-term care for older adults requiring specialized medical attention and daily assistance drive the market growth. Advances in medical technology are improving the quality of care in skilled nursing facilities and enhancing patient outcomes and satisfaction. The increasing prevalence of chronic diseases, such as cancer, projected by the WHO to rise from 20 million cases in 2022 to over 35 million by 2050, further drives the demand for skilled nursing services. In addition, evolving healthcare policies and regulations enhance reimbursement models and facility standards, contributing to industry growth.
The growing demand for personalized care in the U.S. healthcare system also drives the market. Patients and their families increasingly seek facilities that offer tailored treatment plans and specialized services to meet their unique needs. Skilled nursing facilities are responding to this demand by investing in devices and technologies that enable them to provide more personalized care, such as assistive devices for mobility, rehabilitation equipment, and monitoring systems. This focus on customized care is expected to continue driving the market growth in the coming years.
U.S. Skilled Nursing Facility Devices Market Report Highlights
- Based on type, the medical bed frames segment held the largest market share in 2023. This can be attributed to the growing number of elderly individuals, which leads to a rise in the demand for specialized beds
- Some prominent players in the U.S. Skilled Nursing Facility Devicesmarket include Invacare Corporation, Drive DeVilbiss Healthcare (Medical Depot, Inc.), Medline Industries, LP., Guldmann Inc., Hill-Rom Holdings, Inc. (Baxter), Direct Supply, Inc., Joerns Healthcare, Savaria, McKesson Medical-Surgical Inc., and Arjo
- For instance, in January 2023, Genesis Healthcare Inc. announced plans to expand its operations by adding 34 new nursing homes in Pennsylvania and the 15 facilities it currently operates in the state
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $1.22 Billion |
| Forecasted Market Value (USD) by 2030 | $1.91 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | United States |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. U.S. Skilled Nursing Facility Devices Market
2.1.1. Market Snapshot
2.1.2. Segment Snapshot
2.1.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Trends and Outlook
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.1.1. Increasing aging population
3.3.1.2. Technological advancements
3.3.1.3. Rising prevalence of chronic diseases
3.3.1.4. Heightened regulatory standards
3.3.2. Market Restraint Analysis
3.3.2.1. High costs associated with advanced medical technology
3.4. Regulatory Framework
3.5. Business Environment Analysis Tools
Chapter 4. Type Business Analysis
4.1. U.S. Skilled Nursing Facility Devices Market: Type Movement Analysis
4.2. U.S. Skilled Nursing Facility Devices Market: Type Segment Dashboard
4.3. Type Movement & Market Share Analysis, 2023 & 2030
4.4. U.S. Skilled Nursing Facility Devices Market Estimates & Forecast, by Type
4.5. Lifts
4.5.2. Floor Lift
4.5.3. Ceiling Lift
4.5.4. Stand Assist Lifts
4.6. Hygiene Products (Bathing/Shower)
4.7. Therapeutic Mattress Surfaces
4.7.2. Purchase
4.7.3. Rental
4.8. Medical Bed Frames
4.8.2. Purchase
4.8.3. Rental
Chapter 5. Competitive Landscape
5.1. Company Categorization
5.2. Company Market Position Analysis
5.3. Company Share Analysis
5.4. Strategy Mapping
5.5. Company Profiles
- Invacare Corporation
- Drive DeVilbiss Healthcare (Medical Depot, Inc.)
- Medline Industries
- Guldmann
- Hill-Rom Holdings, Inc. (Baxter)
- Direct Supply, Inc.
- Joerns Healthcare
- Savaria
- McKesson Medical-Surgical
- Arjo
For more information about this report visit https://www.researchandmarkets.com/r/9hdheh
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